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Aug 27, 2013
08/13
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the fed is destroying the starnt of living of middle class america, destroying their wages and yes, prices go up. look at oil companies. i know a lot of oil stocks and oil companies aren't making a lot of money. look at oil stock s going up. $100 a barrel is not high enough for the oil company toes economically replace depleting reserves. oil prices are much too cheap. inflation driving up the cost of exploring for oil. oil needs to be $150 to $200 a barrel for the oil companies to make decent profits. >> just saying, why is it, if you're saying oil is going to $200, do the four contract reflect an oil price lower than where we are said to? >> the consensus is wrong. wrong about a lot of things. the consensus is wrong about gold. about the bond market. remember what people thought about internet stocks in 1999? or about real estate in 2007? whmp you have a consensus, it's generally wrong. so i'm not looking at what most people think is going to happen to the price of oil. i'm looking at what i believe is going to happen to the price of oil and i think i'm a better barometer than just the c
the fed is destroying the starnt of living of middle class america, destroying their wages and yes, prices go up. look at oil companies. i know a lot of oil stocks and oil companies aren't making a lot of money. look at oil stock s going up. $100 a barrel is not high enough for the oil company toes economically replace depleting reserves. oil prices are much too cheap. inflation driving up the cost of exploring for oil. oil needs to be $150 to $200 a barrel for the oil companies to make decent...
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Aug 28, 2013
08/13
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if we can't make it here in america we thichl port it. vocational training is a big deal. >> kelly, you said you don't want to be chasing careers based on trends but i'll say college groups when i speak to them i hear more and more i want to get into engineering. if they are not going wall street they will be an engineer. >> certainly students are very aware, their money has put a lot of money and effort to get them to that point. >> so why do they major in basket weaving and things like that? >> like michele did. >> i mean we hear about these kids that majored in junk. clearly didn't care what their parents thought. thank you, ladies and gentlemen. >> good stuff. >> thank you. >> watch out sony and microsoft. nintendo has a new hand-held gaming device. >> still in the thick of mobile and home entertainment. no sure thing that will win back gamers. nintendo's president will be speaking with us soon. stay tuned. >>> breaking news on financial regulations. eamon javers has the story. >> another potential nail in the coffin for swiss bank se
if we can't make it here in america we thichl port it. vocational training is a big deal. >> kelly, you said you don't want to be chasing careers based on trends but i'll say college groups when i speak to them i hear more and more i want to get into engineering. if they are not going wall street they will be an engineer. >> certainly students are very aware, their money has put a lot of money and effort to get them to that point. >> so why do they major in basket weaving and...
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Aug 15, 2013
08/13
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jerry smith, lenovo america's president. tough to remain at the top of the heat, pr firm wpp may soon lose the perch as the world's largest ad agency once google and omnicom gets the green light. the digital hurdles and how a firm could benefit and later do bars make more money when the economy gets tough? "bar rescue" star joins me in our fourth installment of the business of the business beyond reality tv. keep it right here. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly . . >> whole come back. you are making every effort to keep up with media markets. they made bold challenges for growth in the digital space. in his first post, in it he says he's raising the revenue chart from 40% four new media to 45% over the next five years. martin joins me right now to talk more about what he sees in the global economy from his you next van tage point. >> it is a unique van tage point. >> so you say fe moment are you the largest? >> i think it's a big bold move, whet
jerry smith, lenovo america's president. tough to remain at the top of the heat, pr firm wpp may soon lose the perch as the world's largest ad agency once google and omnicom gets the green light. the digital hurdles and how a firm could benefit and later do bars make more money when the economy gets tough? "bar rescue" star joins me in our fourth installment of the business of the business beyond reality tv. keep it right here. (announcer) scottrade knows our clients trade and invest...
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Aug 19, 2013
08/13
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a couple of small caps are america's car mart and gina marie. we'll look at home depot which will be a good proxy for consumer spending trends as well as housing recovery. we'll emphasize looking for companies that are looking to outgrow their environments in a difficult market. >> anthony you're up next. what are you keeping your eye on for tomorrow. >> u.s. gold futures markets which has occurred or nearly occurred for a record six weeks and is an indicator of strong physical gold demand as well as home depot numbers. if it's below the estimate of $21 billion the market will keep interest rates low. given that prices perform best when interest rates are negative, any sign of -- >> good point. david you're up next. 30 seconds on the clock. >> we got a lot of retail earnings coming out this week. after walmart and macy's missed last week i'm going to look at the directions naer names. 35 percent of people 18 to 31 lives at home with their parents i want to see how these names do. are the names in trouble, it seems that a consumer, especially the
a couple of small caps are america's car mart and gina marie. we'll look at home depot which will be a good proxy for consumer spending trends as well as housing recovery. we'll emphasize looking for companies that are looking to outgrow their environments in a difficult market. >> anthony you're up next. what are you keeping your eye on for tomorrow. >> u.s. gold futures markets which has occurred or nearly occurred for a record six weeks and is an indicator of strong physical gold...
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Aug 22, 2013
08/13
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bachk of america and city group on review direction uncertain. the reason moody's is signing for this review is that government is seemingly less willing to bailout banks again. that would mean in the future anyone holding bank bonds could be suggest to default in the case of another crisis. now part of this policy is the resolution authority or the living wills that banks have submitted, meaning if they get into trouble in another crisis, they will just be dissolved completely in bankruptcy. moody's is saying that is bad for bond holders. maria, back to you. >> okay another focus on the banks may very well set the tone for tomorrow on down side mp more breaking news on a different story. kate kelly with sec capital. >> thanks, maria. now the u.s. attorney for southern district of new york is announcing a super seeding indictment of the former sac capital analyst indicted last november for charges of insider trading on two pharmaceutical stocks. the main revelations is that there was a second doctor. you know the doctor that allegedly tipped him
bachk of america and city group on review direction uncertain. the reason moody's is signing for this review is that government is seemingly less willing to bailout banks again. that would mean in the future anyone holding bank bonds could be suggest to default in the case of another crisis. now part of this policy is the resolution authority or the living wills that banks have submitted, meaning if they get into trouble in another crisis, they will just be dissolved completely in bankruptcy....
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Aug 1, 2013
08/13
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up latin-america. that the big promise for so many multinationals and one of yours as well in terms of what you might see here. but there's been an enormous amount of money coming out of these regions. what is going on in latin-america right now? the are the numbers so much slower than anyone thought that envestors are fleeing? how do you see the emerging markets sell off? >> well particularly in latin-america, we don't see it a real slow down there. if you look at our categories they are still growing in the 5 to 6% range. bet are than the half point to one point in the u.s. we see good category growth there. i think part of the reason that people are pulling out is when you look at some of the markets like venezuela and argentina where you have price controls if place. and have you high inflation at 30%. wages going uch and benefit costs going up. your margins are squeezed and you can't make money. so you see the blooms coming off in some. but we are bullish in latin-america. >> the rest of the year,
up latin-america. that the big promise for so many multinationals and one of yours as well in terms of what you might see here. but there's been an enormous amount of money coming out of these regions. what is going on in latin-america right now? the are the numbers so much slower than anyone thought that envestors are fleeing? how do you see the emerging markets sell off? >> well particularly in latin-america, we don't see it a real slow down there. if you look at our categories they are...
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Aug 30, 2013
08/13
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america alone? maybe. >> we'll go live to london for the latest on why the brits got cold feet and what it means to the timing and scope coming up after this. >> well, the british parliament voted against u.s. intervention in syria. our scott cohn is live with spectators if there is military action in syria. >> bill, this was not the way it was supposed to go. we understand the president and prime minister david cameron have spoken about yesterday's vote in parliament. the conversation said to be friendly. this was clearly a bump in the road to an international coalition, more than that probably for david cameron, who had called them back early, initially for a blanket authorization for military action. when it became clear, he tried for a resolution. but that failed as well. . >> it is very clear tonight that the world has not passed emotion, it is clear to me that the british parliament reflecting the views of the british people does not want to see british military action. i get that and the gove
america alone? maybe. >> we'll go live to london for the latest on why the brits got cold feet and what it means to the timing and scope coming up after this. >> well, the british parliament voted against u.s. intervention in syria. our scott cohn is live with spectators if there is military action in syria. >> bill, this was not the way it was supposed to go. we understand the president and prime minister david cameron have spoken about yesterday's vote in parliament. the...
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Aug 29, 2013
08/13
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we are america's most convenient bank. and canada's most convenient bank as well. open about 50% longer hours than our competitors. and so that is a, obviously, a huge part of our brand and we will be the most convenient with the best service. >> where are you growing? and how many branches do you expect to add this year and next? >> yeah, so we're growing, in our priority in the united states is to fill in new york as you know. we set a target by 2016. that will be the number three bank in new york city. which is pretty remarkable thing from standing start in 2001. so we are putting in new branches there and new branches in florida where we want to fill out that franchise. a few in the washington, d.c. and of course boston is another area of concentration. >> we just sited in the introduction some analysts that see head winds for canadian banks in the future. gordon nixon just told us he thinks the real estate market in canada is still doing well. economy is holding up. what head winds do you see either in canada or here in the united states for you guys? >> so it
we are america's most convenient bank. and canada's most convenient bank as well. open about 50% longer hours than our competitors. and so that is a, obviously, a huge part of our brand and we will be the most convenient with the best service. >> where are you growing? and how many branches do you expect to add this year and next? >> yeah, so we're growing, in our priority in the united states is to fill in new york as you know. we set a target by 2016. that will be the number three...